A non-bank is a financial institution that does not offer retail banking services, as such, they do not have a full banking license or are not supervised by a regulatory service.
Non-banks facilitate bank-related services such as investment banking, (investment banks such as Barclays Capital or Goldman Sachs) market brokering, such as mortgage brokers. These institutions can also offer short-term non-bank loans such as pay day loans or personal loans.
Non-banks may be hard money lenders and offer hard money loans, a loan that is backed by the worth of real estate usually taken out by a borrower because of poor credit or for short term financing. Hard money loans can incur interest rates much higher than bank interest rates.
Payment Processing Services by NOIRE
NOIRE provides industry leading online payment processing services & risk management technologies. Designed using NOIRE, “Simply Switch On”, approach to payment processing, our payment solutions are built using the latest payment processing technology enabling businesses to “Plug In” and “Switch On” payment modules with ease if and when required.
As a leading Payment Service Provider, you can trust NOIRE to find the right solution for your business. We provide everything in one simple agreement – your Internet Merchant Account, Payment Gateway and Payment Processing with all the leading cards issuers. Combined with NOIRE’s industry leading fraud & risk management solutions, merchants can be confident managing their payments safely and securely from beginning to end with NOIRE.